Investing in Coral Reef & The Blue Economy

Countries involved:  Fiji

Coral Collective Partner:  GFCR

This project, which invests in Coral Reef and the Blue Economy (ICRBE), co-funded by the UN Joint SDG Fund, is on a mission to catalyse positive change in Fijian coral reefs and the communities dependent on them. ICRBE aims to strategically mobilise private and public investment capital, developing a pipeline of bankable projects that blend technical assistance, performance grants, and concessional capital to de-risk initiatives. As a trailblazer in environmental finance, ICRBE is actively leveraging parallel initiatives, including Fiji's first-ever Sovereign Blue Bond, to ensure the sustainable development of these crucial ecosystems.